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Laurus Labs Ltd

NSE & BSE · Mainboard IPO · 540222
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹426
₹426
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹426
Based on GMP
Min. Investment
₹14,910
1 lot × 35 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
06 Dec 2016
Close Date
08 Dec 2016
Allotment
14 Dec 2016
Listing Date
19 Dec 2016
Exchange
NSE & BSE
Price Band
₹426
Listing Price
See chart
Allotment Status
Price Band
₹426
Per share
Face Value
₹10 per share
 
Lot Size
35 Shares
per lot
Issue Size
3,11,16,785 shares (aggregating up to ₹1,330.51 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,910
1 lot
Pre-IPO Holding
9,87,46,904 shares
Promoters
Post-IPO Holding
10,57,56,249 shares
Promoters
UPI Deadline
2016-12-08
Mandate
Anchor AllotmentMon, 05 Dec 2016
Basis of AllotmentWed, 14 Dec 2016
Refund InitiationThu, 15 Dec 2016
Demat CreditFri, 16 Dec 2016
Listing DayMon, 19 Dec 2016
UPI Mandate Deadline2016-12-08
Sale TypeFresh Capital-cum-Offer for Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
NSE ListingView on NSE →
BSE ListingView on BSE →
Check AllotmentClick here →
Subscription Rate Final
Laurus Labs Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 08 Dec 2016.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
31,116,785
100% ₹1,325.58
IPO Shares Offered
Laurus Labs Ltd IPO total issue size: ₹1,325.58 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 31,116,785 ₹1,325.58
100.00%
* Based on upper price band ₹426 per share
Lot Size & Investment
Lot Size
35
Shares per Lot
Issue Price
₹426.00
Upper Band
Min Investment
₹14,910
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)270₹29,820
Retail (Max — 13 Lots)13455₹193,830
S-HNI (Min — 14 Lots)14490₹208,740
B-HNI (Min — 68 Lots)682,380₹1,013,880
* Issue Price ₹426 × Lot Size 35 shares
IPO Schedule
Anchor
05 Dec 2016
✓ Done
IPO Open
06 Dec 2016
✓ Done
IPO Close
08 Dec 2016
✓ Done
Allotment
14 Dec 2016
✓ Done
Refunds
15 Dec 2016
✓ Done
Demat Credit
16 Dec 2016
✓ Done
Listing Day
19 Dec 2016
✓ Done
Laurus Labs Ltd — Live Price LIVE
₹426.00
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Issue ₹426.00 Live Price
About Laurus Labs Ltd
About Laurus Labs Ltd.Incorporated in 2005, Laurus Labs Ltd is Hyderabad based pharmaceutical company. Laurus Labs is in the business of manufacturing generic active pharmaceutical ingredients (APIs) for therapeutic areas of antiretrovirals (ARVs) and Hepatitis C. Company also manufacture APIs in oncology and other therapeutic areas.Laurus Labs operates in four business lines:1. Generics active pharmaceutical ingredients (APIs) - The development, manufacture and sale of APIs and advanced intermediates.2. Generics finished dosage forms (FDFs) - The development and manufacture of oral solid formulations.3. Synthesis - Contract development and manufacturing services for global pharmaceutical companies.4. Ingredients - The manufacture and sale of specialty ingredients for use in the nutraceutical and cosmeceutical sectors.Key Highlights:1. Laurus Labs launched 59 products since our inception in 2005.2. Nine out of the 10 largest generic pharmaceutical companies in the world are its customers.3. Laurus Labs employed 587 scientists at our R&D center in Hyderabad and 12 scientists at R&D centre in Greater Boston USA.4. The Company owned 32 patents and had 150 pending patent applications, in several countries.5. Company has three manufacturing facilities in Visakhapatnam, Andhra Pradesh.6. Company sells its products in 32 countries in Sub-Saharan Africa, South-East Asia and Latin America.Key Strengths:1. Leadership in APIs in Select, High Growth Therapeutic Areas2. Strong R&D Capabilities and Process Chemistry Skills3. Industry Leading, Modern and Regulatory Compliant Manufacturing Capacities4. Long-standing Relationships with Multi-National Pharmaceutical Companies5. Experienced Promoters and Qualified Operational Personnel6. Established Track Record of Delivering Growth
Objects of the Issue
1
Pre-payment of term loans
2
General corporate purposes
Laurus Labs Ltd Financials ((₹`in million))
Revenue from Operations
₹11,685.3
31-Mar-14
₹13,603.8
31-Mar-15
₹17,884.2
31-Mar-16
Profit After Tax (PAT)
₹972.2
31-Mar-14
₹735.2
31-Mar-15
₹1,435.7
31-Mar-16
Particulars31-Mar-1631-Mar-1531-Mar-14
Revenue from Operations 17884.15 13603.80 11685.34
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1435.68 735.17 972.17
Net Worth N/A N/A N/A
Total Assets 23083.48 18925.49 12730.58
Reserves & Surplus 8526.34 7850.15 6451.43
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered3,11,16,785 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding9,87,46,904 shares
Post-Issue Promoter Holding10,57,56,249 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script Code540222
Registrar & Lead Managers
Book Running Lead Managers
Lead Manager
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Laurus Labs Ltd IPO subscribed?

Laurus Labs Ltd IPO is subscribed 1.00 times by Dec 08, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Laurus Labs Ltd IPO retail subscription status?

The Laurus Labs Ltd IPO retail category is subscribed 1.00 times as of 08 Dec 2016. The retail portion is oversubscribed.

How to subscribe Laurus Labs Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 06 Dec 2016 and closes 08 Dec 2016. Min investment: ₹14,910 (1 lot = 35 shares). UPI mandate: 2016-12-08.

How many times Laurus Labs Ltd IPO subscribed?

The Laurus Labs Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Laurus Labs Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 14 Dec 2016. Refunds: on 15 Dec 2016.

When Laurus Labs Ltd IPO will be listed?

The Laurus Labs Ltd IPO listing date is 19 Dec 2016, Monday. Listed on: NSE & BSE. Issue price: ₹426. Estimated listing: ₹426. GMP: NIL.

When Laurus Labs Ltd IPO close?

The Laurus Labs Ltd IPO closes on 08 Dec 2016, Thursday. UPI mandate: 2016-12-08. Allotment: 14 Dec 2016. Listing: 19 Dec 2016.